Stamp duty hike threatens buy to let.
With an increase in stamp duty in April next year the buy to let market could be under threat. With news that investment will cost you more, the recommendation is to strike now and get yourself a deal before investing becomes costly.
While it is expected that investment in property will continue, a proportion of would-be buyers will be frozen out.
Not just having to contend with a stamp duty increase to 3%, smaller scale investors looking for just one buy to let face having to comply with tighter mortgage regulations and affordability checks next year.
For some the next few months might be the last chance to invest, so act without delay and get yourself a loan through Deal Direct.
We are ‘whole of market’ and search through every lenders range to get you the right deal at the right rate.
There is a lot to consider when taking on a buy to let so seek independent advice from an IFA.
We can offer you mortgage advice but we are not regulated to offer financial advice, for that you will need to contact an independent financial adviser.
Note: Not all mortgages are regulated by the FCA.
For a buy to let mortgage quote call 0800 048 8828.
